TOTAL SPENDING FOR ‘FRILLS AND SHINY BAUBLES’: $7.4-BILLION.
all ratepayers. $2.5 billion
Gas plant moves, from Mississauga and Oakville to Lambton and Bath, Ontario. $1.1 billion Total spending for “frills and shiny baubles”: $7.4-billion.
Second, we have our “intermittent and unreliable” category, in which the province added wind and solar capacity that is unable to deliver generation when the wind isn’t blowing and the sun’s not shining.
Ontario’s independent system operator shows the province will have installed wind and solar capacity of more than 7,000 MW as of March 31, 2017, including 4,650 MW of wind at a capital cost of $2.2 million per MW. $10.2 billion
Solar generation as of
Big Becky hydro power expansion, which went $600 million over budget to squeeze 150 MWs of capacity from Niagara Falls. $1.5 billion
Mattagami hydro power project, originally estimated at $1.6 billion to increase the rated capacity by 438 MW, went over budget by $1 billion.
Before these two hydro projects were completed, OPG produced 30.6 TWh (terawatt hours) of hydro generation. Despite the addition of 588 MW of capacity, hydro generation in 2016 fell to 29.5 TWh. Generation data from March 21 indicates Mattagami generated power at about eight per cent of rated capacity, while all other hydro was operating at an